Tag: Lawrence Wilkerson

Winners, losers in Xinjiang cotton row

Tina Marie (Ms. Cat)

Winners, losers in Xinjiang cotton row

For politicians with wide-ranging commercial interest in China, it really hurts. One named person facing China’s sanctions saw his family fortune dwindle by US$1bil as businesses linked to him are hit, according to social media posts.

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According to media reports, Germany’s Adidas saw its share price plunge by over 6% on March 25. Adidas and US-based Nike saw their combined market value dissipate by more than 70 billion yuan or US$10.7bil. The market value of H&M; slumped by about 4.8bil yuan.

*Xinjiang*

China resents US presence in Afghanistan

Tina Marie (Ms. Cat)

The “hidden agenda” of the war on terror in Afghanistan has been an open secret. The first inkling of its geopolitical character came when it transpired that even after installing a pro-US regime in Kabul in 2002-2003, Pentagon was in no mood to vacate its Central Asian bases. Finally, the bloody Islamist uprising in Andijan in Fergana Valley in May 2005 prompted Russia and China to orchestrate an SCO consensus seeking the expulsion of the US from those bases.

China resents US presence in Afghanistan